Indonesia's trade surplus narrows to US$477m in June

Jakarta

INDONESIA'S trade surplus narrowed to US$477 million in June, with weak imports and exports underscoring concerns over weakening growth in South-east Asia's largest economy.

Faster falls in imports than exports have resulted in Indonesia posting monthly trade surpluses since December 2014. In June, imports tumbled 17.42 per cent, but at a slower pace than expected in a Reuters poll. In dollar terms, June imports were the biggest this year.